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Listed by Coldwell Banker Schmidt-Cadillac
$ 449,900
Est. payment /mo
Active
310 N Michigan Avenue Big Rapids, MI 49307
2 Baths
10,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $42
MLS Listing ID 1924552
Year Built 1955
Lot Size 0.610 Acres
Acres 0.61
Property Sub-Type Retail
Property Description
**** Update: Owner Financing Available - 20% Down, 8% Int, 20 yr Amortization with 5 year balloon *** A 10,500 SF retail building located on North Michigan Avenue in the heart of Big Rapids, Michigan. This property presents an excellent opportunity for both owner/users and investors to acquire a spacious retail space with a 50-space parking lot in Downtown Big Rapids. The building has a rich history, having previously served as a Sears & Roebuck and a grocery store. It has been meticulously maintained, featuring a recently installed new roof. Additionally, the previous tenant upgraded the HVAC system, plumbing and electrical services. The building offers a mostly completed redesigned and built-out main street entrance, featuring ADA compliant restroom, a welcoming reception area, conference space, and multiple office & storage areas. The spacious central portion of the building includes two locker rooms with showers, ideal for employee or customer use. A separate back area of the building provides the flexibility to accommodate another business or tenant. Additionally, this property comes with a second designated lot, paved for parking and offers convenient alley access for easy ingress and egress. Current owner has freshly power washed & painted the exterior recently. Immediate possession available after closing. There is an existing gym currently operating in the back 2,000 sf of the building (this area has an additional customer restroom specific to this business). Gym equipment is being sold separately.
Location
State MI
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Metal
Total Parking Spaces 50
Garage false
Building
Foundation Poured Concrete, Slab
Sewer Public Sewer
Water Public
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